Gyftr Q1 FY27 Results: Revenue Reaches ₹1.55 Billion

MUMBAI — Gyftr Limited (NSE: GYFTR, BSE: 507912) reported a consolidated revenue from operations of ₹1.55 billion (₹15,530.19 lakh) for the first quarter ended June 30, 2026, alongside a consolidated net profit of ₹52.8 million (₹528.03 lakh), according to regulatory filings submitted to stock exchanges following a board meeting on August 14, 2026.

The quarterly financial results reflect the company’s ongoing transition following its complete exit from the Non-Banking Financial Company (NBFC) sector to focus exclusively on digital gift vouchers, loyalty solutions, and rewards programs.

Strategic Shift and Consolidated Financial Performance

On a consolidated basis, Gyftr recorded total income of ₹1.627 billion (₹16,276.94 lakh) for Q1 FY27. This performance includes a ₹16.34 million (₹163.36 lakh) share of profit from its associate entity, Mufinpay Payment Solutions Private Limited, in which the company acquired a significant stake in December 2025. Total expenses for the quarter stood at ₹1.575 billion (₹15,751.33 lakh), driven primarily by stock-in-trade purchases of ₹1.544 billion (₹15,440.54 lakh).

On a standalone basis, Gyftr recorded revenue from operations of ₹1.553 billion (₹15,530.19 lakh) and a standalone net profit of ₹36.47 million (₹364.67 lakh). Basic and diluted standalone earnings per share (EPS) for the quarter were ₹0.47, while consolidated EPS stood at ₹0.69.

The Reserve Bank of India (RBI) officially cancelled Gyftr’s NBFC Certificate of Registration on March 20, 2026, following the company's application to surrender its license. Consequently, income from erstwhile financing activities is now categorized under "Other Income" rather than operational revenue. Additionally, the company updated its Corporate Identification Number to L74900MH1984PLC032831 effective June 1, 2026, reflecting the change in its primary business object clause.

Executive Board Restructuring and Leadership Changes

Alongside its financial results, Gyftr announced significant changes to its Board of Directors. The company approved the appointment of Vouchagram India founders Arvind Prabhakar and Puja Punj as Non-Executive Additional Directors, effective August 14, 2026, subject to retirement by rotation.

Simultaneously, Non-Executive Non-Independent Directors Kapil Garg and Gunjan Jain submitted their resignations from the board and its associated committees effective August 14, 2026, citing personal reasons.

Official Sources Section

According to the official regulatory filing submitted by Gyftr Limited to the National Stock Exchange of India and the BSE Limited, the Board of Directors approved the un-audited standalone and consolidated financial results during its meeting on Friday, August 14, 2026. The statutory audit firm M/s. PARV & Co. issued a Limited Review Report with a qualified conclusion regarding ongoing legal proceedings under the Debt Recovery Appellate Tribunal.

Quote Section

"Pursuant to the surrender and cancellation of the Certificate of Registration as a Non-Banking Financial Company and the consequent change in the nature of operations, the company is presently engaged primarily in the business of gift vouchers and rewards," stated statutory auditors PARV & Co. in the official review filing.

Why It Matters

The Q1 FY27 earnings highlight Gyftr’s full strategic pivot away from non-banking financial operations toward digital commerce, loyalty programs, and brand voucher distribution. For retail consumers, enterprise partners, and investors, the earnings demonstrate the operational baseline of Gyftr’s core gift card and rewards model, backed by new strategic leadership from veterans in the digital marketing and loyalty sectors.

Key Facts at a Glance

• Consolidated Revenue: Reported at ₹1.55 billion (₹15,530.19 lakh) for Q1 FY27.

• Consolidated Net Profit: Reached ₹52.8 million (₹528.03 lakh) for the June-ended quarter.

• Corporate Pivot: Formally surrendered NBFC status; license cancelled by RBI on March 20, 2026.

• Leadership Changes: Arvind Prabhakar and Puja Punj joined the board; Kapil Garg and Gunjan Jain resigned.

• Associate Contribution: Mufinpay Payment Solutions added ₹16.34 million in share of profits.

Frequently Asked Questions (FAQ)

What were Gyftr’s main financial results for Q1 FY27?

Gyftr reported a consolidated revenue from operations of ₹1.55 billion (₹15,530.19 lakh) and a net profit of ₹52.8 million (₹528.03 lakh) for the quarter ending June 30, 2026.

Why did Gyftr change its accounting presentation?

Gyftr surrendered its NBFC registration with the RBI in March 2026 to focus entirely on its digital gift voucher and rewards platform. As a result, former financing-related earnings are now presented under "Other Income".

Who joined Gyftr’s Board of Directors in August 2026?

Arvind Prabhakar and Puja Punj, founders of Vouchagram India, were appointed as Non-Executive Additional Directors on August 14, 2026.

Where can investors access Gyftr’s full financial reports?

The complete Q1 FY27 financial reports are accessible on the official investor relations portals of the BSE Limited, the National Stock Exchange of India, and Gyftr Limited.

Source: Gyftr Limited Regulatory Filing to BSE and NSE, Reserve Bank of India Order RTG-06, Ministry of Corporate Affairs Filing.